A share is under-subscribed when
...A share is under-subscribed when
It is offered for sale at less than the nominal value
It is offered for sale at nominal value
The number of shares applied for is less than the offer
It is offered for sale at more thn norminal value
The number of shares applied for is more than the offer
Correct answer is C
No explanation has been provided for this answer.
Determine the opening cash balance of the club? ...
Kudi Local Government Council incurred the following expenditure in 1995: N Payment of salar...
What is the value of the authorized share capital? ...
\(\begin{array}{c|c} July & 1 & \text{cash in hand, N420, Cash at Bank} & N6,500 \\ &...